Vanguard Long-Term Corporate Bond ETF (VCLT) to Issue Monthly Dividend of $0.35 on December 22nd

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) announced a monthly dividend on Tuesday, December 16th. Stockholders of record on Thursday, December 18th will be paid a dividend of 0.3492 per share by the exchange traded fund on Monday, December 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend is Thursday, December 18th. This is a 2.6% increase from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.34.

Vanguard Long-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCLT remained flat at $76.10 during mid-day trading on Thursday. The company had a trading volume of 4,352,511 shares, compared to its average volume of 3,700,050. The stock’s fifty day moving average price is $77.33 and its 200 day moving average price is $76.32. Vanguard Long-Term Corporate Bond ETF has a 52-week low of $70.61 and a 52-week high of $79.28.

Institutional Investors Weigh In On Vanguard Long-Term Corporate Bond ETF

Hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC raised its position in shares of Vanguard Long-Term Corporate Bond ETF by 618.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,070 shares of the exchange traded fund’s stock worth $81,000 after purchasing an additional 921 shares during the last quarter. Alpha Cubed Investments LLC purchased a new stake in Vanguard Long-Term Corporate Bond ETF during the 2nd quarter worth approximately $628,000. Atria Investments Inc raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 11.3% during the second quarter. Atria Investments Inc now owns 37,805 shares of the exchange traded fund’s stock valued at $2,869,000 after acquiring an additional 3,826 shares during the last quarter. Guggenheim Capital LLC raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 37.9% during the second quarter. Guggenheim Capital LLC now owns 121,048 shares of the exchange traded fund’s stock valued at $9,188,000 after acquiring an additional 33,274 shares during the last quarter. Finally, HighTower Advisors LLC lifted its position in shares of Vanguard Long-Term Corporate Bond ETF by 47.4% in the first quarter. HighTower Advisors LLC now owns 34,705 shares of the exchange traded fund’s stock valued at $2,634,000 after acquiring an additional 11,154 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Company Profile

Vanguard Long Term Corporate Bond ETF (the Fund) seeks to track the performance of a market-weighted corporate bond index with a long-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S.